Common use of Litigation and Legal Proceedings Clause in Contracts

Litigation and Legal Proceedings. There is no outstanding judgment, order, writ, injunction, decree or award of any court, arbitrator, or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Purchaser) against Purchaser, and there is no litigation, arbitration, investigation or other proceeding of or before any court, arbitrator or governmental or regulatory official, body or authority (including the FCC or any state body having jurisdiction over the Purchaser) pending, or, to Purchaser's knowledge, threatened, against Purchaser or its assets which individually or in the aggregate, if adversely determined, could reasonably be expected to result in a Purchaser Material Adverse Effect or which questions the validity of any action taken or to be taken pursuant to or in connection with the provisions of this Agreement or the consummation of the transactions contemplated hereby by the Purchaser.